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NSE Social Stock Exchange gets CSR boost as MCA clears corporate funding route. Check details
India's Social Stock Exchange receives a significant boost. Companies can now channel a portion of their Corporate Social Responsibility spending through this platform. This move aims to broaden funding for non-profit organizations. It also enhances transparency and accountability within the social impact sector. The Ministry of Corporate Affairs has amended rules to facilitate this change.
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thehindubusinessline.com
Govt relaxes CSR norms to widen funding options for companies
The government has allowed companies to invest up to 10% of CSR funds in social stock exchange instruments issued by not-for-profit organisations.
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m.economictimes.com
NSE Social Stock Exchange gets CSR boost as MCA clears corporate funding route. Check details
India's Social Stock Exchange receives a significant boost. Companies can now channel a portion of their Corporate Social Responsibility spending through this platform. This move…
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NSE welcomes MCA decision on 10% CSR spending via Social Stock Exchange
NSE supports MCA's new rule allowing up to 10% CSR spending via Social Stock Exchange to enhance funding for non-profits.
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Market for charity
Reform of social stock exchanges, a work in progress